August 24, 2017 Deep Dive Premium The US Cannabis Industry and the New Green Economy— a Fast-Growing Industry Facing Regulatory ConcernsThe legal cannabis industry in the US is rapidly expanding and is expected to grow even faster in the next few years as recreational use of marijuana becomes legal in more states. This report:
August 24, 2017 Company Earnings Update Register for Free Access DSW (DSW) 2Q17 Results: Beats on EPS and Revenue, Maintains GuidanceDSW reported 2Q17 adjusted EPS of $0.38, ahead of the $0.29 consensus estimate and up 8.6% from the year-ago period. Total revenues were $680.4 million, up 3.3% year over year and beating the $666.1 million consensus estimate.
August 22, 2017 Flash Report Register for Free Access Macy’s Names New President, Announces RestructuringOn August 21 after the market close, Macy’s announced the appointment of Hal Lawton as President, effective September 8. Lawton will be responsible for the Macy’s brand, including merchandising, marketing, stores, operations, technology, and consumer insights and analytics. Lawton was previously SVP of eBay North America. He will report to CEO Jeff Gennette.
August 21, 2017 Company Earnings Update Register for Free Access Alibaba (BABA) 1Q FY18 Results: Beats on Earnings, Expanding Global FootprintAlibaba reported 1Q FY18 revenue of ¥50.2 billion, up 56% year over year, and beat the consensus estimate by 4.8%. The company attributed the strong results to a steady increase in revenues from its core commerce segment, as well as the strong growth in emerging businesses, including cloud computing, digital media and entertainment.
August 19, 2017 Deep Dive Premium Deep Dive: Channel Shifts in US Beauty Retailing—Sephora, Ulta and AmazonSurvey data and company results suggest that growth in the US beauty market has been polarized, with lower-price retailers and beauty specialist stores having won share.
August 18, 2017 Company Earnings Update Register for Free Access Ross Stores (ROST) 2Q17 Results: Beats Estimates and Raises GuidanceRoss Stores reported 2Q17 EPS of $0.82, up 15.3% from $0.71 in the year-ago quarter and beating the $0.77 consensus estimate. Revenues were $3.43 billion, up 7.9% year over year and beating the consensus estimate of $3.37 billion.
August 18, 2017 Company Earnings Update Register for Free Access Walmart (WMT) Fiscal 2Q18 Results: Beats Consensus and Raises GuidanceWalmart reported fiscal 2Q18 adjusted EPS of $1.08, up from $1.07 in the year-ago quarter and beating the $1.07 consensus estimate. Total revenues were $123.4 billion, up 2.1% year over year and beating the consensus estimate of $122.8 billion.
August 17, 2017 Company Earnings Update Register for Free Access Target (TGT) 2Q17 Results: Beats Expectations, Traffic Trends Are PositiveTarget reported 2Q17 total revenues of $16.4 billion, up 1.6% year over year and above the $16.3 billion consensus estimate. Adjusted EPS was $1.23, compared with $1.23 in the year-ago quarter and above the $1.19 consensus estimate.
August 16, 2017 Company Earnings Update Register for Free Access TJX Companies (TJX) Fiscal 2Q18 Results: Raises Guidance on Solid First Half, Traffic Continues to Drive CompsTJX Companies reported fiscal 2Q18 EPS of $0.85, above both the consensus estimate of $0.84 and management’s expectations.
August 16, 2017 Company Earnings Update Register for Free Access Home Depot (HD) 2Q17 Results: Highest Quarterly Sales in Company HistoryHome Depot reported 2Q17 EPS of $2.25, up 14% from the year-ago quarter and beating the $2.21 consensus estimate. Total revenues for 2Q17 were $28.1 billion, versus expectations of $27.8 billion, and were up 6.2% year over year. The results represent the highest quarterly sales and net earnings in the company’s history.
August 16, 2017 Company Earnings Update Register for Free Access Coach (COH) Fiscal 4Q17 Results: Weak Quarter, Sales Miss ExpectationsCoach reported fiscal 4Q17 adjusted EPS of $0.50, beating the consensus estimate by a penny and up from $0.45 in the year-ago quarter. Revenues were $1.13 billion, down slightly from $1.15 billion in the year-ago period and below the consensus estimate of $1.15 billion.
August 15, 2017 Deep Dive Premium Deep Dive: Reality Technology in Retail— The Disruptive Force of AR, VR and MRDefine the three types of reality technology—AR, VR and MR—and show how retailers, including IKEA and Alibaba, have introduced reality technology to provide customers with a virtual “try before you buy” service and new ways to shop.
August 14, 2017 Company Earnings Update Register for Free Access JCPenney (JCP) 2Q17 Results: Mixed Quarter, Maintains GuidanceJCPenney reported 2Q17 EPS of $(0.20), missing the $(0.04) consensus estimate and down from $(0.18) in the year-ago quarter. Revenues were $2.96 billion, up 1.5% year over year and beating the $2.84 billion consensus estimate.
August 11, 2017 Deep Dive Premium Deep Dive: How Direct Selling Remains Relevant in the Digital AgeThe global direct selling market rebounded to US$134.2 billion in 2016, up 2.8% from the previous year. China follows the US closely as the second largest direct selling market, valued at US$33.9, and the country is expected to overtake the US as the largest direct selling market in the next few years.
August 11, 2017 Company Earnings Update Register for Free Access Macy’s (M) 2Q17 Results: Beats Expectations and Is on Track to Meet Full-Year GuidanceMacy’s reported 2Q17 adjusted EPS of $0.48, beating the consensus estimate of $0.46. Total revenues declined by 5.4% year over year, to $5.55 billion, reflecting announced store closures.
